Hedge Funds Quotes

...there should be no place in a portfolio for hedge funds. There are lots of reasons, but the main one is simple: Investing in hedge funds is a great way to increase the odds of underperformance. ~ Peter Mallouk

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. ~ George Soros

The competitive landscape of hedge funds is rapidly changing, as hundreds of funds are opened and closed every year. For example, Pensions & Investments reported that 784 new funds were started in 2009, while 1,023 existing funds were closed. Amazingly, the median life of a hedge fund is only 31 months. Fewer than 15 percent of hedge funds last longer than six years, and 60 percent of them disappear in less than three years.[3] ~ Gordon Murray

If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all. ~ Gary Weiss

Some PhD physicists write software or work for hedge funds, but physics still has a problem with having very smart people but not enough opportunities. ~ Stuart J. Russell

Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud. ~ Michael Lewis

These masters of the universe must be tamed in the interests of the ordinary families whose jobs and livelihoods are being put at risk ... The Tories won't say anything about the current crisis as they are completely in the pockets of the hedge funds. ~ Vince Cable

Improving oversight of hedge funds and other private funds is vital to their sustainability and to our economy's stability. ~ Jack Reed

Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some say excessively high - fees; their short- and long-term performance has been poor. ~ Barry Ritholtz

Everyone told me it was a really stupid idea to start my own hedge fund right out of business school,' says Ackman of the idea. 'That's how I knew that it was a good idea. ~ Maneet Ahuja

Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund. ~ Gary Weiss

One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing. ~ Alan Greenspan

If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy. ~ Muriel Siebert

The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms. ~ John L. Casti

Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was referring to some of the European banks shedding assets, and the big buyers are probably not going to be big American banks. Someone like Blackstone may have a very good chance to buy those assets, leverage them, borrow up a little bit, and do something good there. ~ Jamie Dimon

10/20/30 Rule in my book can level the playing field for a retail forex trader to trade alongside big banks and hedge funds. ~ Ramesh Selvarajoo

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick. ~ Michael Hudson

LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds of shares of Royal Dutch Shell Oil Company. Now that seems completely unrelated to Russian bonds. But they were related because other hedge funds saw similar discrepancies and they were all making similar bets. ~ Richard Thaler

The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood ~ Andrew Lo

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose. ~ Jack Reed

If competition for Kaggle's top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world's best data scientists will earn more than $50 million per year, just like the world's best hedge fund managers. ~ Anthony Goldbloom

You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous. ~ Shia Labeouf

Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors. ~ Alex Berenson

I'd encourage [you] to think big and be delusional when setting goals. Yes, delusional. The biggest mistake that I made with my first business was I didn't think big enough. I limited my success by just focusing on a small geographic area and focusing on hitting small sales targets. Now when I set my goals, I make sure that they are ridiculous. I prefer to work extremely hard and fall short on my ridiculous goals than to achieve mediocre goals. ~ Warren Cassell Jr.

I don't think that hedge funds are bad per se. I think they're just one more financial tool. And in that sense, they're useful. ~ Barack Obama

In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time. ~ Carl Icahn

For most Indians in America, wealth is not inherited. Neither do we make it as heads of large hedge funds and private equity funds. For us to make it to the top, we have to use our knowhow to create great new technology products and build high-tech companies. ~ Romesh Wadhwani

Overwinding happens when hedge funds destroy companies by attempting to leverage derivatives against otherwise productive long-term assets. ~ Douglas Rushkoff

Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will not necessarily give you your money back when you want it, and will generally not tell you what they do. They are supposed to make money all the time, and when they fail at this, their investors redeem and go to someone else who has recently been making money. Every three or four years they deliver a one-in-a-hundred year flood. They are generally run for rich people in Geneva, Switzerland, by rich people in Greenwich, Connecticut. ~ Cliff Asness

You've seen my statements; I do very well. I don't mind paying some taxes. The middle class is getting clobbered in this country. You know the middle class built this country, not the hedge fund guys, but I know people in hedge funds that pay almost nothing, and it's ridiculous, OK? ~ Donald Trump

Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. ~ Janet M. Tavakoli

It's my guess that something like 5% of GDP goes to money management and itsattendant friction. I define it broadly - annuities, incentive pay, all trading, etc. Nobody else has used figures that high, but that's my guess. Worst of all, the people doing this are among the best and the brightest. Hundreds and thousands of engineers, etc. are going into hedge funds and investment banking. That is not an intelligent allocation of the brainpower of the civilization. ~ Charlie Munger

There is, in fact, only one solution: the state, the government, the laws must not in any way concern themselves with schooling or education. Public funds must not be used for such purposes. The rearing and instruction of youth must be left entirely to parents and to private associations and institutions ~ Ludwig Von Mises

As more government functions are privatized, we find political leaders defunding the public school system, shifting government funds to the private, for-profit school industry. ~ Hank Johnson

I am happy to donate funds to various organizations that help people in need. ~ Carl Karcher

Bad parent! Bad Parent! Your children will grow up to be drug addicts, derelicts, serial murderers and hedge fund managers! ~ Eric Flint

The power of creating new funds upon new objects of taxation, by its own authority, would enable the national government to borrow as far as its necessities might require. ~ Alexander Hamilton

This bill, by vesting the power to withhold or terminate Federal funds, creates a concentration of power of economic coercion unequaled in the history of governments-a power concentration which defies the experience of mankind with the temptation of power to corrupt. ~ Strom Thurmond

And I could always set Coach Hedge on fire," Leo volunteered. "Then he can be fire." The thought of a blazing satyr screaming, "Die, scumbag!" as he attacked Gaea was almost enough to make Piper laugh - almost. ~ Rick Riordan

But what will happen, and I got this from reliable sources, is that the International Monetary Fund will skedaddle from D.C., possibly to Singapore or Beijing, and then they're going to make an IMF recovery plan for America, divide the country into concessions, and hand them over to the sovereign wealth funds. Norway, China, Saudi Arabia, all that jazz. ~ Gary Shteyngart

There is a quaint old theory that man may have two souls - a peripheral one which serves ordinarily, and a central one which is stirred only at certain times, but then with activity and vigour.
While under the domination of the former a man will shave, vote, pay taxes, give money to his family, buy subscription books and comport himself on the average plan.
But let the central soul suddenly become dominant, and he may, in the twinkling of an eye, turn upon the partner of his joys with furious execration; he may change his politics while you could snap your fingers; he may deal out deadly insult to his dearest friend; he may get him, instanter, to a monastery or a dance hall; he may elope, or hang himself - or he may write a song or poem, or kiss his wife unasked, or give his funds to the search of a microbe. Then the peripheral soul will return; and we have our safe, sane citizen again. It is but the revolt of the Ego against Order; and its effect is to shake up the atoms only that they may settle where they belong. ~ O. Henry

Mutual Funds do not allow for your intellectual growth, Stocks do. And in life, wealth always catches up with your intellect ~ Manoj Arora

China has created very good investment tools, including an entire network of very large funds. The Russian Private Investment Fund works with some of those funds, with China's largest investment funds. ~ Vladimir Putin

Who has a hedge maze in a residential neighborhood? ... serial killers presumably, people who enjoy Steven King novels a bit too much, and people that are hoping one night they will wake up to find David Bowie standing at their window. ~ Seanan McGuire

Street performances?"

"A little singing. A little martial arts. Some interpretive dance."

"Wow."

"I know! The Portuguese have taste. ~ Nico And Gleeson Hedge

How they got in touch with each other in other instances, only they know. But paying a mistress with taxpayer funds and giving her a security clearance? These were new lows. ~ Gary J. Byrne

[Piper] rushed to get dressed. By the time she got up on deck, the others had already gathered - all hastily dressed except for Coach Hedge, who had pulled the night watch.
Frank's Vancouver Winter Olympics shirt was inside out. Percy wore pajama pants and a bronze breastplate, which was an interesting fashion statement. Hazel's hair was all blown to one side as though she'd walked through a cyclone; and Leo had accidentally set himself on fire. His T-shirt was in charred tatters. His arms were smoking. ~ Rick Riordan

Any of you would go around the world for the sealing ordinance if you knew its importance, if you realized how great it is. No distance, no shortage of funds, no situation would ever keep you from being married in the holy temple of the Lord.
There is no bias nor prejudice in this doctrine. It is a matter of following a certain program to reach a definite goal. If you fail in following a program, you fail in attaining the goal. Even in college work, if you never registered properly, never attended your classes, never did the things which are required by the college, you would never receive your degree. Certainly you cannot expect the eternal program to be less exacting. ~ Spencer W. Kimball

Alzheimer's is literally killing us, and the only way to fight this 'crime' is through a groundswell of people who continue to raise their voices and funds to ensure it gets the attention it deserves. ~ Tess Gerritsen

Look at this fog. The damp gets right into your bones. It's doing my chest no good at all. I'll need a vapour bath." Bryant pulled down his scarf and peered over the sodden hedge. Dew had formed on his bald head and ears. He resembled a minor Tolkien character.
"You're getting old before your time," warned May. "I can't imagine what you'll look like in your eighties."
"I'm ageing gracefully, which means not trying to look like a member of Concrete Blimp."
"I assume you mean Led Zeppelin ... ~ Christopher Fowler

Why should I tell you where I am going to get funds from? If I were to do that then all the vested interests would get alerted. You must be aware that railways are full of such elements and my fight is against them. ~ Lalu Prasad Yadav

Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one. ~ Holman W. Jenkins, Jr.

Toby had spent three years living in the East End of London, back when he was a student, an area that would have profited greatly from a heavily armed UN Peacekeeping force. Lacking the funds necessary to reach the more civilized areas of London, toby endured three very long years ... ~ Simon R. Green

With same day loans, you can easily acquire immediate funds, so as to deal with any short term financial crisis. These loans are unsecured in nature and can be applied for even by those with serious credit disputes. ~ Markus Skupeika

A government institution called the Finnish Film Foundation funds filmmaking there, and I wrote several screenplays but never got any money. They were sent back to me, and they said that they were too commercial for them. ~ Renny Harlin

Talent is some one faculty unusually developed; genius commands all the faculties. ~ Frederic Henry Hedge

Given the best of all possible worlds, I would make a few changes. I would place emphasis on increasing the amount of funding that goes into programs like Pell Grants, that purely and simply award funds to students who really cannot afford full tuition. ~ Charles Vest

The normal expectancy of the average investor - for example, the pension funds of AT&T or IBM - is 6% for a long time. ~ Charlie Munger

Thanks to the ongoing support of the Government of Ontario, RHF, in partnership with the Ontario Neurotrauma Foundation, has galvanized Ontario's best researchers, clinicians and scientists to accelerate the translation of the most promising research into practical solutions. This commitment enables the ongoing leveraging of federal, provincial and private sector funds to allow Canadian SCI researchers to embark on a national and global collective journey towards making a difference in the lives of people with spinal cord injury and other disabilities. ~ Rick Hansen

Northleaf is delighted to have been chosen to manage the new fund. We look forward to implementing the fund's long-term strategy of constructing a portfolio of high-potential venture capital funds with the scale and resources to execute their plans, support successful high-growth companies and deliver world-class returns. ~ Jeff Pentland

The thorn tree just began to bud
And greening stained the sheltering hedge,
An many a violet beside the wood
Peeped blue between the withered sedge;
The sun gleamed warm the bank beside,
'Twas pleasant wandering out a while
Neath nestling bush to lonely hide,
Or bend a musings o'er a stile. ~ John Clare

We need to get rid of the 16th amendment, and return to the original system that funds government with a variety of tariffs and duties. ~ Alan Keyes

Liberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress. ~ James Cook

So this Zealot comes to my door, all glazed eyes and clean reproductive organs, asking me if I ever think about God. So I tell him I killed God. I tracked God down like a rabid dog, hacked off his legs with a hedge trimmer, raped him with a corncob, and boiled off his corpse in an acid bath. So he pulls an alternating-current taser on me and tells me that only the Official Serbian Church of Tesla can save my polyphase intrinsic electric field, known to non-engineers as "the soul." So I hit him. What would you do? ~ Warren Ellis

Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market. ~ Jonathan Clements

In true community we will not choose our companions, for our choices are so often limited by self-serving motives. Instead, our companions will be given to us by grace. Often they will be persons who will upset our settled view of self and world. In fact, we might define true community as that place where the person you least want to live with lives….
Community will teach us that our grip on truth is fragile and incomplete, that we need many ears o hear the fullness of God's word for our lives. And the disappointments of community life can be transformed by our discovery that the only dependable power for life lies beyond all human structures and relationships.
In this religious grounding lies the only real hedge against the risk of disappointment in seeking community. That risk can be borne only if it is not community one seeks, but truth, light, God. Do not commit yourself to community, but commit yourself to God…In that commitment you will find yourself drawn into community.
Parker Palmer, A Place Called Community, 1977 ~ Parker J. Palmer

[The Republicans] offer ... a detailed agenda for national renewal ... [On] reducing illegitimacy ... the state will use ... funds for programs to reduce out-of-wedlock pregnancies, to promote adoption, to establish and operate children's group homes, to establish and operate residential group homes for unwed mothers, or for any purpose the state deems appropriate. None of the taxpayer funds may be used for abortion services or abortion counseling. ~ Newt Gingrich

The government can access these funds but only following approval by the parliament to support our budget requirements and investments in infrastructure development, education, public health, and so on. ~ Jose Ramos-Horta

It seemed off that anyone could live behind such a high hedge of thorns, and he began to think it would be no great surprize to discover that Mr. Wyvern had been asleep for a hundred years or so. 'Well, I shall not mind that so much,' he thought, 'so long as I am not expected to kiss him. ~ Susanna Clarke

Miss Rudy, the former Harmony librarian, had single-handedly held off a siege of the town council bent on cutting her funds. She had locked the library doors and hid the only key in her bra, living on water from the toilet tank after the town had shut off water to the building to drive her out. She ate paste to keep up her strength. Oh, they had underestimated her. On the fourth day, the men of the council had capitulated, apologizing for cutting the funds, begging her to open the doors and come out. But she had stayed in the library an extra day, just to show them one could live on books, then marched out at noon on the fifth day, her head held high, and three pounds heavier. She had gained weight! When word got out, her picture made the cover of American Libraries magazine. Admiring letters poured in from librarians around the world – beaten down, beleaguered librarians who had drawn strength from her bravery. She answered each one in flowing, Palmer-method, handwritten script. ~ Philip Gulley

It is important to remember that government interference always means either violent action or the threat of such action. The funds that a government spends for whatever purposes are levied by taxation. And taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend. ~ Ludwig Von Mises

I do not feel that we should allow a shortage of funds to prevent cities from financing needed projects. ~ Hubert H. Humphrey

We have pension funds with 1.5 trillion euros investments, and they want to find business opportunities in India. ~ Mark Rutte

The taboos that I have mentioned are extraordinarily harsh and numerous. They stand around nearly every subject that is genuinely important to man: they hedge in free opinion and experimentation on all sides. Consider, for example, the matter of religion. It is debated freely and furiously in almost every country in the world save the United States, but here the critic is silenced. The result is that all religions are equally safeguarded against criticism, and that all of them lose vitality. We protect the status quo, and so make steady war upon revision and improvement. ~ H.L. Mencken

If we reduced the amount we spend on maintaining our nuclear weapons by a small fraction, we could reallocate those funds to improve kids' health care and schooling. ~ Ben Cohen

Let mystery have its place in you; do not be always turning up your whole soil with the plowshare of self-examination, but leave a little fallow corner in your heart ready for any seed the winds may bring, and reserve a nook of shadow for the passing bird; keep a place in your heart for the unexpected guests, an altar for the unknown God. Then if a bird sing among your branches, do not be too eager to tame it. If you are conscious of something new - thought or feeling, wakening in the depths of your being - do not be in a hurry to let in light upon it, to look at it; let the springing germ have the protection of being forgotten, hedge it round with quiet, and do not break in upon its darkness. ~ Henri Frederic Amiel

I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded. ~ Suze Orman

When we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage. ~ Charlie Munger